Do the conveyancing lawyers via your comparison service perform conveyancing in Epsom and Ewell by way of an attended exchange?
We do have a number of conveyancing specialists who can conduct one day exchanges. You should call us to obtain a fee calculation and details as to dates.
Why is leasehold purchase conveyancing in Epsom and Ewell costs more?
In short, leasehold conveyancing in Epsom and Ewell and Surrey usually necessitates more due diligence compared to freehold conveyancing. This includes lease investigation, liaising with the landlord concerning serving applicable notices, securing up-to-date service charge and management information, securing the freeholder’s consents and reviewing management accounts. The obligations on both the landlord and the tenant in the lease need to be studied by the buyer’s conveyancing team and read from beginning to end – regardless of the fact the lease has passed through many different property solicitors hands since it was first granted.
I am buying a semi-detached house in Epsom and Ewell. How practical is it for me to do the conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Epsom and Ewell you will have to appoint a solicitor on your bank's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Epsom and Ewell.
Due to the advice of my in-laws I had a survey completed on a property in Epsom and Ewell ahead of instructing solicitors. I have been advised that there is a flying freehold aspect to the property. The surveyor advised that some banks will refuse to give a mortgage on this type of property.
It varies from the lender to lender. Santander has different requirements for example to Halifax. Should you wish to call us we can check with the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Epsom and Ewell. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Epsom and Ewell to see if the conveyancing costs will increase in light of this.
Is it best to appoint a Epsom and Ewell conveyancing lawyer based in the location that I am buying? We have a good friend who can carry out the legal formalities however his firm is located a couple of hundredkilometers drive away.
The benefit of a high street Epsom and Ewell conveyancing firm is that you can visit the firm to sign documents, hand in your identification documents and apply pressure on them where appropriate. Having local Epsom and Ewell know how is a benefit. That being said nothing is more important than finding someone that will pull out all the stops for you. If other friends have used your friend and the majority were content that should surpass using an unknown Epsom and Ewell conveyancing lawyer solely due to them being round the corner.
I am employed by a reputable estate agency in Epsom and Ewell where we have experienced a number of leasehold sales put at risk as a result of leases having less than 80 years remaining. I have received conflicting advice from local Epsom and Ewell conveyancing firms. Can you shed some light as to whether the owner of a flat can initiate the lease extension formalities for the buyer?
Provided that the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to start the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the proposed purchaser can avoid having to sit tight for 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed before, or simultaneously with completion of the sale.
An alternative approach is to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.
Following months of dialogue we are unable to agree with our landlord on how much the lease extension should cost for our flat in Epsom and Ewell. Can we issue an application to the Residential Property Tribunal Service?
Most definitely. We are happy to put you in touch with a Epsom and Ewell conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Epsom and Ewell premises is 33 The Maisonettes Alberta Avenue in June 2014. the Tribunal decided that the premium payable for the grant of a new lease be the sum of £20,680 (Twenty Thousand six hundred and eighty pounds). This case was in relation to 1 flat. The unexpired term was 60.43 years.